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ECB"s Lane says central bank could cut rates in future, will ensure spreads don"t hurt policy transmission

In a blog post after the poorly-received European Central Bank decision, ECB Chief Economist .....»»

Category: topSource: marketwatchMar 13th, 2020

BOJ"s Kuroda meets with PM Abe and vows response to coronavirus

The Bank of Japan is ready to take further steps to support the economy in the face of the coronavirus epidemic, Governor Haruhiko Kuroda said after a meeting with Prime Minister Shinzo Abe on Thursday......»»

Category: topSource: reutersMar 12th, 2020

Wells Fargo’s culture was ‘broken,’ new CEO tells lawmakers

Charles Scharf is the third Wells Fargo chief executive in three years to face questioning by Congress. The bank has struggled to recover from a series of consumer abuse scandals......»»

Category: smallbizSource: nytMar 10th, 2020

Key Words: Head of U.S.’ largest bank says central banks are fueling a sovereign debt bubble, negative-rates won’t ‘end well’

J.P. Morgan chief Jamie Dimon says negative interest rates in Europe and Japan are his top concern and warns that the U.S.government is to blame for slow economic growth.....»»

Category: topSource: marketwatchJan 22nd, 2020

BlackRock warns of backlash against firms delaying climate action

BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth......»»

Category: topSource: reutersJan 14th, 2020

BlackRock threatens backlash against firms who delay climate change action

BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth......»»

Category: topSource: reutersJan 14th, 2020

Ghana May Issue Digital Currency in ‘Near Future,’ Says Central Bank Chief

Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency, and is already in talks over a pilot project......»»

Category: forexSource: coindeskNov 27th, 2019

Westpac Bank chief resigns over $7 billion money-laundering scandal

The bank’s CEO, Brian Hartzer, was given 12 months' notice and will still get his $2.7 million Australian dollar salary ($1.83 million). He will forfeit unvested bonuses and is ineligible for future bonuses......»»

Category: topSource: foxnewsNov 26th, 2019

Lebanon"s eurobonds drop after cenbank chief says solution needed to avert collapse

Lebanon's eurobonds sharpened their sell-off on Monday after Central Bank Governor Riad Salameh said a political solution was needed to the country's crisis in days to regain confidence and avoid a future economic collapse......»»

Category: topSource: reutersOct 28th, 2019

Japan’s Central Bank Chief Calls for International Effort on Libra Regulation

The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra......»»

Category: forexSource: coindeskSep 24th, 2019

Meet Chris Gorman, future CEO of KeyBank

Chris Gorman is set to become the next Chairman and CEO of KeyCorp following the pending retirement of Beth Mooney, who has led the bank since 2011. Gorman will succeed Mooney on May 1, 2020. On Sept. 19, he was appointed president and chief operati.....»»

Category: topSource: bizjournalsSep 20th, 2019

China Should Prepare Digital Yuan to Counter Facebook Libra: Ex-PBoC Chief

China should revamp its plan for a national digital currency in the face of Facebook's Libra cryptocurrency, says the central bank's former head......»»

Category: forexSource: coindeskJul 11th, 2019

Deutsche Bank capital-boosting debt dips on restructuring fears

Deutsche Bank's capital-boosting Additional Tier I (AT1) debt issues fell on Monday on worries over future challenges Germany's biggest lender may face in a planned overhaul......»»

Category: topSource: reutersJul 8th, 2019

Markets see long fight ahead as ECB battles low inflation expectations

Mario Draghi's dramatic Tuesday hints of further monetary easing by the European Central Bank has stabilized collapsing euro zone inflation expectations, but the departing ECB chief will struggle to calm market fears of Japan-style economic stagnation......»»

Category: topSource: reutersJun 20th, 2019

Mnuchin to meet with China central bank official at G-20: report

U.S. Treasury Secretary Steve Mnuchin will meet with Yi Gang, governor of the People's Bank of China, this weekend at the G-20 summit in Japan, Reuters reported Tuesday night. It will be the first face-to-face meeting between.....»»

Category: topSource: marketwatchJun 5th, 2019

Ex-China central bank chief says progress at Xi-Trump Japan meet "difficult"

Chi.....»»

Category: topSource: reutersMay 30th, 2019

Deutsche Bank CEO readies investment bank cuts as stock hits low

Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive......»»

Category: topSource: reutersMay 23rd, 2019

Despite headwind, Japan"s Nomura says intent on going it alone

Japan's Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told Reuters, pledging to stay independent even as the investment bank faces its first annual loss in a decade......»»

Category: topSource: reutersApr 19th, 2019

Factbox: Big bank CEOs face the heat over pay disparity at Capitol Hill

Chief executive officers of some of America's largest banks, including JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc, on Wednesday testified before Congress, where they were grilled on a wide range topics......»»

Category: topSource: reutersApr 10th, 2019

U.S. bank CEOs face off with Congress for the first time since financial crisis

Chief executives of some of the largest U.S. banks will testify before Congress on Wednesday, giving lawmakers their first opportunity to grill the lenders since the 2007-2009 financial crisis......»»

Category: topSource: reutersApr 10th, 2019